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NEWS: DUBLIN, LOS ANGELES, CA, and TORONTO, May 8, 2018
QYOU's flagship esports format Heads Up Daily (HUD) licensed into 13 Eastern European territories
Canada NewsWire
DUBLIN, LOS ANGELES, CA, and TORONTO, May 8, 2018
Major international pay-tv, cable and satellite distributor has selected QYOU's HUD esports format for 13 countries across Eastern Europe
Licensing agreement includes format rights to build the HUD brand across major European markets
New agreement marks QYOU's third esports partnership following deals with World Poker Tour (WPT) Distribution USA and Super Channel's GINX Esports TV Canada
DUBLIN, LOS ANGELES, CA, and TORONTO, May 8, 2018 /CNW/ - QYOU Media (TSXV: QYOU OTC: QYOUF), the world's leading curator of premium 'best-of-web' video for multiscreen distribution, announced today it has partnered with a major global distributor to license its flagship esports format Heads Up Daily (HUD) in 13 countries across Eastern Europe, as it looks to capitalize on the popularity and growth of the esports genre. Details of the partnership will follow upon future launch of the series in the summer of 2018.
QYOU Media Inc. (CNW Group/QYOU Media Inc.)
The partnership will see HUD delivered across channels in Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Hungary, Kosovo, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia and Slovenia. The licensing agreement will also include format rights to build the brand across major European markets.
There are over 10 million esports enthusiasts in Eastern Europe, of which 2 million are based in Poland. The genre is particularly popular among millennial and generation-Z audiences, with under-35s making up 73 percent of all global esports fans.
Launched in 2018, HUD is the destination for all things relating to esports and video game culture. Each episode of HUD includes an exciting line-up of guests – from esports professionals to game developers and popular streamers on YouTube and Twitch – to discuss tournament recaps, esports top plays, and all of the hot topics in the world of gaming.
This new agreement shows further momentum for the esports genre and follows The QYOU's partnership with World Poker Tour (WPT) Distribution USA to promote and distribute the HUD format earlier this month. The QYOU's HUD format is also featured on Super Channel's GINX Esports TV Canada daily.
Curt Marvis, CEO and Co-founder of QYOU Media, commented: "We are thrilled with this agreement as it drives revenue and distribution together for the HUD format to a new market where we are seeing tremendous interest in the esports genre. This deal comes hot on the heels of our partnership with WPT Distribution USA and marks another big step forward as our goal of developing HUD into a global brand continues to rapidly take shape. This all further underscores the rapid growth of the esports genre in the last year alone."
About QYOU Media
QYOU Media Inc. is a fast-growing global media company that curates and packages premium 'best-of-the-web' video for multiscreen distribution. Founded and created by industry veterans from Lionsgate, MTV, and CinemaNow, QYOU's millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Showmax, iflix, SuperChannel and TATA Sky.
SOURCE QYOU Media Inc.
View original content with multimedia: http://www.newswire.ca/en/releases/archive/May2018/08/c6529.html
Holly Searle, Platform Communications - for QYOU Media, +44 (0) 207 486 4900, holly@platformcomms.com; Natasha Roberton, VP Marketing, QYOU Media, +353 (87) 792 7166, tash@qyoutv.com; Jeff Walker, Investor Relations - for The QYOU, + 1 403 221 0915, jeff@howardgroupinc.comCopyright CNW Group 2018
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News: TORONTO, DUBLIN, and LOS ANGELES, April 24, 2018
QYOU Triples Global Distribution in 6 Months to Reach 300M+ Audience
Canada NewsWire
TORONTO, DUBLIN, and LOS ANGELES, April 24, 2018
Growth driven by new distribution partnerships across Asia, Africa, Europe, and North America - including iflix, Super Channel, Go Media and Jio
Global distribution growth driving creation and distribution of popular new original programming formats including esports flagship format Heads Up Daily (HUD)
QYOU Media Co-Founder and Chairman G. Scott Paterson and newly announced board member Steve Beeks, each raised their shareholdings in the company this month.
TORONTO, DUBLIN, and LOS ANGELES, April 24, 2018 /CNW/ - QYOU Media (TSXV: QYOU OTC: QYOUF), the world's leading curator of premium 'best-of-the-web' video for multiscreen distribution, today announced that its programming formats now reach an addressable audience of more than 300 million consumers globally. This marks a threefold increase in distribution reach in six months, fueled by significant new partnerships across Asia, Africa, Europe and North America.
QYOU Media Inc. (CNW Group/QYOU Media Inc.)
New partnerships with iflix, Go Media and Jio combined with the launch of the company's first original programming format, Heads Up Daily (HUD) have driven this growth. HUD, a one-hour daily esports format was picked up by Canada's Super Channel and most recently WPT Distribution, reflecting the growing appetite for broadcast quality esports content for multiscreen television distribution.
Curt Marvis, CEO and Co-Founder, QYOU Media says: "We're living through a period of incredible change as the largest generation ever born and the Gen Z's that follow them dramatically remake the entertainment landscape with a love of short-form and social video content. More and more, we're engaging with broadcasters, MVPDs and mobile network operators who understand that to meet the needs of these subscribers they have to have the best of that digital-first content integrated as part of their programming line-ups.
This shift in consumer appetite has driven a three-fold increase in our programming reach over the last six months alone, with QYOU programming now available to more than 300 million customers worldwide. With this large global footprint, we have the foundation and momentum to launch a number of exciting new original programs and monetizable branded content offerings."
In additional news, recently retired Co-COO of Lions Gate Entertainment Steve Beeks - who announced in March that he is joining the QYOU Board of Directors, and QYOU Media co-Founder and Chairman G. Scott Paterson each acquired 279,000 shares of QYOU Media Inc. in the month of April 2018. Details on these transactions can be found on Sedar.
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News: TORONTO, DUBLIN, and LOS ANGELES, April 17, 2018
QYOU accelerates growth in India with new content and distribution partnerships
Canada NewsWire
TORONTO, DUBLIN, and LOS ANGELES, April 17, 2018
QYOU partners with premium local content creators Power Drift, Arre, The Comic Wallah, POP XO and 101 India to boost programming line-up
Recent launch on Jio TV's mobile subscription service delivers Q India to an additional audience of 168 million
QYOU India becomes 'Q India' or 'The Q' to strengthen brand identity
TORONTO, DUBLIN, and LOS ANGELES, April 17, 2018 /CNW/ - QYOU Media (TSXV: QYOU), the world's leading curator of premium 'best-of-web' video for multiscreen distribution is growing its operations in India following the successful launch of QYOU India on Tata Sky, by adding a block of new content partnerships. Rebranding as Q India, the company's localized service recently also launched on Jio TV, India's fastest growing mobile service with 168 million subscribers.
QYOU Media Inc. (CNW Group/QYOU Media Inc.)
The average Indian user watches 8.5 hours of YouTube and Facebook short-form video content each month and as a result there is an abundance of talented creatives producing culturally relevant bite-sized shows that appeal to local audiences. Following a number of successful content partnerships signed in 2017, including Pocket Aces and Culture Machine (amongst others), "The Q" is now adding a new group of premium channel partners to its roster.
The additions to the programming line-up include popular automotive channel - Power Drift; teller of culture stories from across the continent - 101 India; Arre - producer of web-series, documentaries, social experiments and podcasts; The Comic Wallah - a comedy platform under the FabForm network, and POPxo - the lifestyle platform geared toward young Indian women. This slate of new partnerships significantly deepens QYOU India's line-up, bringing fresh new content from some of the region's most talented creatives to millions of viewers across TV and mobile.
As part of this expansion, QYOU India will streamline its brand identity to "Q India" or simply "The Q" as it builds into the premier destination for the very best original, digital content in India.
Curt Marvis, CEO and Co-Founder, QYOU Media says: "India is a huge growth market with lots of young and upwardly mobile audiences hungry for new content and programs from their favorite service providers. Over the past year, we've been working hard to establish a presence in India by collaborating with premium local content creators and service providers to deliver a localized version of our programming available to millions of viewers in other countries around the world. We couldn't be happier to see all of our hard work coming to fruition through partnerships with India's most popular influencers and distribution deals with market leaders like Tata Sky and Jio TV, who have helped us increase our audience reach in India to 185 million viewers."
Q India can be found on new channel numbers on Tata Sky (209 & 210), and is now also available in the Entertainment section on Jio TV.
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PALM BEACH, Florida, April 12, 2018 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
The global digital content industry continues to steadily grow as more consumers are getting their content digitally through streaming and the web, as opposed to traditional media forms. Worldwide, PwC expects entertainment and media revenue to rise from $1.8 trillion in 2016 to $2.2 trillion in 2021, representing a compound annual growth rate of 4.2%. For the U.S., revenue is projected to grow more slowly: increasing from $635 billion in 2016 to $759 billion by 2021, a CAGR of 3.6%. Two of the fastest-growing entertainment and media segments are VR and eSports, according to the PwC report. As previously mentioned, the main driver in this growth is changing habits of consumers, as more and more people are opting for digital mediums as opposed to traditional print and television media. Additionally, the enhanced streaming platforms are allowing industry leaders to develop global markets through distribution. Active companies today include: QYOU Media Inc. (TSX-V: QYOU) (OTC: QYOUF), Lions Gate Entertainment Corp. (NYSE: LGF.A), Twenty-First Century Fox Inc. (NASDAQ: FOXA), Viacom Inc. (NASDAQ: VIAB), The Walt Disney Company (NYSE: DIS).
http://www.prnewswire.co.uk/news-releases/multi-billion-dollar-digital-content-industry-swells-as-consumers-media-consumption-intensifies-679508143.html
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Small reviews: Very, very interesting!!
http://businessworld.in/article/Digital-Entertainment-Is-Growing-In-India-Curt-Marvis-CEO-Co-founder-QYou/15-12-2017-134797/
Digital Entertainment Is Growing In India – Curt Marvis, CEO & Co-founder, QYou
The digital entertainment industry has boomed ever since the Indian government has been focusing on the digital wave in the country. India has become a hub for streaming content on the internet and foreign companies seek to establish their base in the country after witnessing huge potential
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by Bhaktvatsal Sharma
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Curt Marvis, CEO & Co-founder, QYou in an interview with BW BusinessWorld discusses the growth opportunities for digital media companies in India and talks about how the American based company (QYou) has started to run operations in providing and packaging content for Indian audiences. The MTV Lifetime Achievement Award winner in his interview also states that, “Digital entertainment is growing in India and that’s the reason why we are here.” In the interview, he elaborates how QIndia was formed and more insights about the digital entertainment industry of the world. QYou, also known as The QYou since 2013 was formed as a media and production business that provides curated internet video content for television, mobile and video on demand viewing.
What was the idea behind launching The QYou in India?
I have a long history in television, digital and produced a lot of music videos for MTV which started in the early 1980’s. When we started QYou we really looked at YouTube videos because they are the new music videos for the younger millennial and Gen Z age kids. The idea behind what we’re doing with the Q was the latest statistics from YouTube was that 600 hours of content is uploaded every minute. We also believe that after mobile phones became a device to screen content there has been more video viewing than ever in history. We looked at that and then we saw a business opportunity and said that there should be a platform that is curating the best of that video content either through subjects or genres etc. We also believed there was an opportunity to package the video and distribute it to television providers like Tata Sky and emerging distribution channels like Jio. We were starting to make a pivot in our business when I first came to India 2 years ago. That pivot was originally when we started the idea and the concept we thought if we curated content from all over the world we could distribute it with an international appeal which wasn’t really true because we needed content creators from respective countries.
After observing Indian YouTube content creators I was quickly blown away with the fact that it was high-quality content and engaging at the same time. The third component that we worked upon was to have boots on the ground that understands the market and I was originally introduced to Sundar S. Aaron, Partner, Locomotive Films through our mutual friend. Sundar has a long experience in running channels and production. Hence Sundar’s business acumen and knowledge in the content distribution has been very valuable for us.
We then got all elements in place to make this pivot into locally focused versions of our product which eventually led to a QYou India.
How would you describe the digital entertainment industry in the USA?
I have been in the digital business for 18 years and 15 years in that experience I only witnessed less encouragement and support from everyone else around me when it came to digital. This all changed according to me after Netflix entered the digital market where initially it did not gain much popularity even though it was a highly established business selling DVD’s through the U.S. Postal Service. 2 years after entering the business when Netflix started gaining attraction, that’s when digital was taken seriously. I would like to say that 1 years after understanding the digital market I would say less than a half of times digital was treated with respect.
Now we see that content provided by Netflix is no longer just for digital and most of the shows that get nominated for Emmy awards either from there or Amazon. Digital received a big push especially in the USA after OTT platforms gained a huge audience.
Where does India stand in creating digital content and OTT platforms?
India has the fastest growing middle class than any country in the world and has a millennial in Gen Z along with a population strength that is highly motivated to take India up by a notch over the decade. The government too is highly motivated to bring in hardware and built-in technology along with content creation. Apart from Bollywood, there is quite a lot of content that is spreading more knowledge about the Indian culture. Personally, India will eclipse China over the next decade in terms of media, technology, economics over the next decade and its ultimately driven by a more westernized entrepreneurial attitude that most businessmen follow over here. Having said that, India is also a number one priority for us to do business here and bring QYou India as one of the most recognized digital platforms to view content that appeals to most of the country.
What are The QYou’s expansion plans for the year ahead?
Last month in November we launched QIndia which became the first version of the channel that not only features content all over the world but specifically was tailored with program block of local creators. We also did the same thing in Poland where we launched QPolska because the country has a very high penetration of cables and satellite. Poland consists a population of 40 million people and also has a huge amount of YouTube creators. The reason why we thought of tapping the Polish market was because even they have a fast-growing middle and upper middle class driven economy. In 2018 what you will really see is the number of new channel launches of a localized version of The Q (QYou) which would be a big push for us. We also began to create our own programming for millennial and Gen Z audience because we have our own distribution channels. We recently announced that we are doing an e-sports channel in January 2018 called HUD known as Heads Up Daily which is a daily 1-hour show consisting of news and talks specifically targeting the world of e-sports. This show will be launched in January of 2018. We pretty much have the coming year mapped out when it comes to all those areas.
Can you share QYou Media’s investment plans?
We have an odd financial structure and we’re a publically listed company in a very early revenue business. The reason we are a public company is because our chairman who was also responsible for investing and starting Lionsgate in 1997 in Canada. Canada at that time did not have a big venture capital and there’s a small cap public market called the Toronto Stock Exchange Venture Market and Canadian Stock Exchange and these markets specialized sub 100 Million Dollars market cap companies. The big difference was that investments that came into the company were liquid and Lionsgate then reversed into a company called Barringer Gold we then did a reverse takeover from a mining company called Galleria Opportunities Corporation whose transaction we completed in March 2017.
From a financial structure, we followed the same processes which we did at Lionsgate which was intentional. We have raised 18-22 Million U.S. Dollars in the history of the company (QYou). We also completed a financing worth 5.75 Million Canadian Dollars and we are always looking for strategic, merger and acquisition opportunities. We are also considering of a separate investment to finance our operations in India primarily because the market potential is really high over here.
How would you describe your time at Lionsgate and what encouraged you to form QYou Media?
When I started my non-employee relationship at Lionsgate the stock at that time traded at 1.50-2 Dollars and they were struggling in making profits. When I joined them in 2008 that was not long before the big stock market crash and there were tough times for everyone. A corporate raider by the name Carl Ichann came knocking at the company’s door to take over Lionsgate. Lionsgate ultimately won that battle in 3 years’ time because of strong management. Later during an executive meeting, Allison Shearmur discussed the possibility of creating a movie series out of the novel ‘Hunger Games’. The movie was a hit in the history of movies and it changed the fortune of Lionsgate forever. The same stock price in 1997 which was 2 Dollars catapulted now to 31 Dollars and its enterprise value today is worth 10 Billion US Dollars.
The enterprise value of QYou today is worth 30 Million Dollars but we certainly are following a strong revenue growth path of over 200%projected over the next 2-3 years on an annual basis and we are following the footsteps of Lionsgate but the learnings I received over there were quite impactful and we wish to take the same learnings and push our business forward.
Is digital as a medium taking over television?
I think the death of television is being greatly exaggerated and if you talk about India then television over here is specifically growing. I am a big believer of a multi-screen universe and watching content on a large format particularly like sports. Many have spoken of the death of movie theatres for 30 years when the home video started but I’m not a big believer in that but what I do believe is that any pure form television provider like Tata Sky must develop a multi-screen experience and many of them will be eclipsed by mobile providers. For example, at&t bought DirecTV because they wanted its customer base but that doesn’t mean they will shut down. It means that 20 years from now it will evolve overtime under the at&t umbrella but the screens on which content will be viewed on will be in a multi-screen world. I think the change and the activity that is taking place in developing nations the media is fascinating than any place in the world and the government’s push towards progress will get India there first than many other countries.
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Small reviews to get to know QYOU:
https://www.tvbeurope.com/business/qyou-media-completes-financing-deal
The QYou has announced it's secured a $7.3 million financing deal and will now be listed on the Canadian TSX Venture Exchange.
The QYou focuses on the curation and programming of short-form video content for the TV Everywhere age, delivering linear and on-demand TV channels, mobile apps, custom shows, and influencer marketing to pay-TV operators and subscription video service providers.
"Online video has become a global phenomenon that shows no signs of slowing," said the company in a statement.
"Consumers in the US now spend more than 1 billion hours a day watching YouTube. This almost matches TV viewing, which accounts for 1.25 billion hours of TV watched and recorded each day in the US (Nielsen). And YouTube is only the tip of the iceberg, with a whole range of online video platforms attracting millions of global viewers such as Vimeo, Daily Motion, Twitch, Snapchat, and Facebook. With around 500 hours of video uploaded to YouTube each minute, viewers are facing content overload and there is a growing need for an aggregator to curate the most exciting and interesting videos from the internet."
The QYou continues to drive its best-of-web content globally through deals with Knippr, a new OTT service in the Netherlands, TotalPlay in Latin America, Tata Sky in India, Swift Networks in Australia, and China Entertainment Group.